Etihad and Gulf Air to expand their codeshare agreement
Both parties have signed a Strategic Commercial Cooperation Agreement (SCCA) which is subject to regulatory approval...
Tag : Middle East
Saudi increases its holding of US stocks to $12.8 bn
PIF bought a $1.07 bn stake in Electronic Arts Inc and a $1.4 bn stake in Activision Blizzard...
Dubai-based fintech FlexxPay secures $3 mn funding
Investors that participated in the funding round include JIMCO, DIFC Fintech Fund and Wamda among other...
Iraq in talks to build crude oil storage facilities in China
The recent developments are part of Iraq’s plan to boost oil sales in Asia...
Saudi Arabia to launch new electronic instant payments system
The new payment system is designed to reduce the dependency on cash in the Kingdom...
Qatar Petroleum signs contract for North Field LNG project expansion
The LNG supplier wants to boost output by 40% a year by 2026...
Saudi Arabia’s economy shrank by 3.8% in Q4 2020
According to preliminary estimates, the Kingdom’s economy contracted by 4.1% last year...
Irish fintech Global Shares sets up ME headquarter in Riyadh
The fintech has also partnered with NCB Capital, the investment arm of the National Commercial Bank...
Dubai real estate records 51,414 sales transactions in 2020
by WebAdmin
During the period, Dubai attracted 31,648 new investors and investments worth over Dh73.2 bn...
Saudi Arabia to become Germany in renewables: Energy minister
The Kingdom plans to replace petroleum with solar and gas...